508 E Champaign Ave, Rantoul, IL 61866 Property Records

Champaign County property record for 508 E Champaign Ave, Rantoul, IL 61866

Property Summary

Property Type	Commercial
Lot Size	0.338 acres (14,733 sqft)
Owner	Company Name on File
Last Sale	$140,000 (Feb 2026)
Tax Bill	$3,537 (2025)
Deeds & Mortgages	Feb 2026 Sale Feb 2017 Sale
Flood Zone	Zone X (minimal risk)
APN	`20-09-02-176-004`

Property Details

APN / Parcel Number

Primary APN	`20-09-02-176-004`

Exterior

Lot Area	14,733 sqft (0.338 acres)

Location & Zoning

Street Address	508 E CHAMPAIGN AVE
City	RANTOUL
State	IL
Zip	61866-3005
Property Category	Commercial
Property Type	Commercial > Retail
Legal Description	LOTS 5, PT 6 BLOCK 40 SMITHS, W.R., ADD - PT. VACATED -
Legal Range	09E
Legal Township	21N
Legal Section	02
Legal Subdivision	SMITHS, W.R., ADD
Legal Block	40
Legal Lot Number	5
Jurisdiction	CHAMPAIGN IL
Township / Civil Division	RANTOUL
Census Block Group	2
Census Block	2029
Census Tract	10204

Owner

Source: Champaign County assessment roll, as of April 29, 2026

Owner names and exact recorded amounts shown locked on this page are available instantly with a free trial.

Owner of Record	Company Name on File
Mailing Address	508 E CHAMPAIGN AVE, RANTOUL, IL 61866-3005
Owner Type	Company
Vesting	Limited Liability Partnership

Deeds, Mortgages & Sale History

Date	Document
Feb 17, 2026	Warranty Deed, Transfer ATTORNEY ONLY, ATTORNEY
Feb 1, 2017	Grant Deed, Transfer FIRST CMNTY TITLE

Assessor's Deed Record

Deed Names	Verified Name on Deed
Last Sale	Feb 17, 2026 · Amount on Record
Deed Sale	Feb 17, 2026 · Amount on Record
Prior Sale	Feb 1, 2017 · Amount on Record
Deed Document Number	20262269
Prior Transfer Date	Dec 14, 2015
Prior Transfer Doc	0000024096
Record Updated	Sep 20, 2026

February 2026: Warranty Deed, Transfer

Document Type	Warranty Deed
Jurisdiction	CHAMPAIGN IL
Recording Date	Feb 17, 2026
Property Address	508 E CHAMPAIGN AVE, RANTOUL, IL 61866-3005
Document Number	0000002269
Map Reference	DD 6 PG 4
Instrument Date	Feb 4, 2026
Instrument	2026R02269
Transaction Type	Transfer
Record Updated	Mar 12, 2026
Title Company	ATTORNEY ONLY, ATTORNEY

Transaction

Amount	Amount Recorded
Tax	$140.00
Amount Accuracy	Rounded by County
Additional	Arm's Length

Transferred From (Grantor/Seller)

Name	Verified Name

Transferred To (Grantee/Buyer)

Name	Verified Name
Address	761 COUNTY ROAD 1100 N, CHAMPAIGN, IL 61822-9660

February 2017: Grant Deed, Transfer

Document Type	Grant Deed
Jurisdiction	CHAMPAIGN IL
Recording Date	Feb 1, 2017
Property Address	508 E CHAMPAIGN AVE, RANTOUL, IL 61866-3005
Document Number	0000001873
Instrument Date	Jan 24, 2017
Instrument	1873
Transaction Type	Transfer
Record Updated	Feb 20, 2017
Title Company	FIRST CMNTY TITLE

Transaction

Amount	Amount Recorded
Tax	$25.00
Amount Accuracy	Confirmed
Additional	Arm's Length

Transferred From (Grantor/Seller)

Name	Verified Name

Transferred To (Grantee/Buyer)

Name	Verified Name
Address	25861 W EARNES ST CHANNAHON IL 60410, CHANNAHON, IL 60410

Tax Assessment & Valuation

Source: Champaign County assessment roll, as of April 29, 2026

Property Jurisdictions

Type	Name
State	Illinois
County	Champaign County
County Subdivision	Rantoul Township
Municipality	Rantoul Village
Elementary School District	Rantoul City School District 137 (KG - 08)
Secondary School District	Rantoul Township High School District 193 (09 - 12)

Tax Bill & Assessment History

Year	Tax Bill	Assessed Value	Assessed Market Value
2025	$3,537.00 (+15.25%)	$42,120 (+9.8%) Land $11,880 Building $30,240	$126,360 (+9.8%) Land $35,640 Building $90,720
2024	$3,069.00 (+18.4%) Homeowner's exemption	$38,360 (+25.52%) Land $10,820 Building $27,540	$115,080 (+25.52%) Land $32,460 Building $82,620
2022	$2,592.00 Homeowner's exemption	$30,560 Land $8,620 Building $21,940	$91,680 Land $25,860 Building $65,820

Assessed value and assessed market value are set for property tax purposes, not market price estimates; both are a fraction of this property's market value.

Flood

Source: FEMA National Flood Hazard Layer, effective July 14, 2021

FEMA Flood Zone	Zone X minimal risk
Flood Insurance Requirement	Not required lenders may require it

Values are read at the parcel center point; lenders make the official flood determination.

Wildfire

Source: USDA Forest Service Wildfire Risk to Communities (2nd edition), as of 2024

Wildfire Risk	Not rated no burnable land within ember reach

Values cover an area roughly 900 ft across, not the parcel itself; insurers use their own ratings.

Drinking Water

Source: EPA Safe Drinking Water Information System, as of September 2026

Water System	RANTOUL serves 13,000 people · EPA ID IL0190650
Water Source	Groundwater
Last State Inspection	Aug 2025
Lead	2 ppb (2021–2023) action level 15 ppb

Violations Reported to EPA

Water Quality	None last 10 years
Treatment and Procedure	None last 10 years
Monitoring and Reporting	1 last 3 years

Results are for the whole water system, not water tested at this address; lead at the tap also depends on the building's own pipes. The service area is an EPA estimate; the actual supplier may differ.

Internet Providers

Source: FCC Broadband Data Collection, based on 222 locations within half a mile, as of December 31, 2025

Provider	Max Down / Up (Mbps)
Conxxus Fiber	8,000 / 8,000
Mediacom Xtream Cable	1,000 / 50
T-Mobile Fixed Wireless	100 / 20

May also be available: AT&T, Fidium Fiber, Nextlink, Verizon.

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